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11212000 16:38 9163412338 CALPERS PAGE 02
<br />
<br />CalPERS
<br />
<br /> California
<br />Public Employees' Retirement System
<br />
<br />EXHIBIT
<br />
<br />AMENDMENT TO CONTRACT
<br /> Between the
<br /> Board of Administration
<br /> California Public Employees' Retirement System
<br /> and the
<br /> City Council
<br /> City of Pleasanton
<br />
<br />The Board of Administration, California Public Employees' Retirement System, hereinafter
<br />referred to as Board, and the governing body of the above public agency, hereinafter referred to
<br />as Public Agency, having entered into a contract effective September 1, 1953, and witnessed
<br />May 18, 1953, and as amended effective April 1, 1962, October 21, 1972, September 28, 1973,
<br />January 5, 1980, January 3, 1981, April 11, 1981, September 20, 1986, February 18, 1987,
<br />June 13, 1987, September 5, 1987, February 26, 1993, May 7, 1993, December 8, 1995, April
<br />1. 1996, May 3, 1996, October 31, 1998 and April 17, 1999 which provides for participation of
<br />Public Agency in said System, Board and Public Agency hereby agree as follows:
<br />
<br />Paragraphs 1 through 13 are hereby stricken from said contract as executed effective
<br />April 17, 1999, and hereby replaced by the following paragraphs numbered 1 through 13
<br />inclusive:
<br />
<br />1
<br />
<br />All words and terms used herein which are defined in the Public Employees'
<br />Retirement Law shall have the meaning as defined therein unless otherwise
<br />specifically provided. "Normal retirement age" shall mean age 55 for local
<br />miscellaneous members and age 50 for local safety members.
<br />
<br />Public Agency shall participate in the Public Employees' Retirement System from
<br />and after September 1, 1953 making its employees as hereinafter provided,
<br />members of said System subject to all provisions of the Public Employees'
<br />Retirement Law except such as apply only on election of a contracting agency and
<br />are not provided for herein and to all amendments to said Law hereafter enacted
<br />except those, which by express provisions thereof, apply only on the election of a
<br />contracting agency.
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